Showing 1 - 7 of 7
trust and trade efficiency. Guided by feedback patterns observed on eBay and other platforms we run laboratory experiments …, leading to more accurate reputation information, more trust and more efficient trade. We discuss the implications for theory … building and for managing the redesign of market trust systems. …
Persistent link: https://www.econbiz.de/10005824138
efficiency, it also exhibits a kind of public goods problem in that, unlike in the partners market, the benefits of trust and …
Persistent link: https://www.econbiz.de/10009204411
We study the interplay of inequality and trust in a dynamic growth game, in which trust increases efficiency and thus … allows higher growth of the laboratory economy in the future. We find that trust (as measured by the percentage of wealth … invested in a trust game) is initially high in a treatment starting with equal endowments, but decreases over time. In a …
Persistent link: https://www.econbiz.de/10011048177
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005754938
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005704393
Persistent link: https://www.econbiz.de/10005710972
trust and trade efficiency. Guided by feedback patterns observed on eBay and other platforms, we run laboratory experiments …, leading to more accurate reputation information, more trust, and more efficient trade. We discuss the implications for theory … building and for managing the redesign of market trust systems. <i>This paper was accepted by Teck Ho, decision analysis.</i> …
Persistent link: https://www.econbiz.de/10010990498